NOTICE.
THE
AMERICAN EXPRESS COMPANY.
America 1841
Established
Europe 1891.-
HEAD OFFICE:- NEW YORK CITY.
WORLD WIDE SERVICE.
Exclusive Offices maintained at all principal cities in America.
ANTWERP BARCELONA
BASLE
BERLIN
BORDEAUX
BREMEN
Foreign Offices.
BRUSSELS
BUENOS AIRES
CAIRO
OHRISTIANIA
COBLENZ
COPENHAGEN
EDINBURGH
GENOA
GLASGOW
GOTHENBURG
HAMBURG
HAVRE
KOBE
LIVERPOOL
LONDON
LUCERNE
MANCHESTER MANILA MARSEILLES MONTIVIDEO
MONTREAL
NAPLES
NICE OSTEND
PARIS
PETROGRAD
RIO DE JANEIRO ROTTERDAM ROME
SOUTHAMPTON: SHANGHAI STOCKHOLM TORONTO
VALPARAISO
WINNIPEG. YOKOHAMA
In Process of Organization.
ALEXANDRIA
ATHENS
BOMBAY
CALOUTTA
HAVAJA PEKING
SINGAPORE
TIENTSIN
WARSAW
SHIPPING AND BANKING CORRESPONDENTS AT ALL
PRINCIPAL CITIES AND PORTS OF THE COMMERCIAL WORLD.
OUR FACILITIES INCLUDE:
Financial, Transportation and Travel Service.
Advice on Packing, Shipping Routes, Foreign Custom.
Requirements.
Credit Information, Market and Trade Reports.
Financing of Imports and Exports
Issuance of Drafts, Money Orders. Travelers Cheques, and
Letters of Credit.
Bills of Exchange negotiated and collected. Mall and Cable Payments effected.
Commercial, Time and Savings Deposits received in- local
currency, Pounds Sterling, United States Francs, Peso. Toel and Yen currencies.
YOUR ACCOUNT IS INVITED.
Dollars,
C. H, BENSON,
MANAGER.. Hongkong.
LITTLE FOLKS' CORNER.
COMMERCIAL NEWS,
HOSIERY TRADE OF JAPAN, The hosiery trade of Japan, the output of which for a year otice exceeded Yen 60,000,000, has been affected by the bad market, and the output has been reduced about one-third.
LABOUR TROUBLE ON NEW YORK CENTRAL : The representativas of labour employed on the
Now York Central promptly rejected the reductions in wages proposed by the Railroad Company, and declined to accept the request of the Railroad Labour Board to adjust the question. An official Announcement has been made, that the reductions will be put in [ force on and' after April 1st.
AMERICA'S FOREIGN TRADE. Secretary of Commerce Hoover has announced that he will confer) shortly with the directors of the United States Chamber of Com- merce, in order to devise methods of closer co-operation between
RELATIONS WITH THE BANKING GROUP,
China's Gabelle Surplus. A Peking report states that at the request of the Chinese Gov- ernment, the banking group there hay delivered to the "former $1,947.000 salt gabelle surplus for February, from which the neces ary payments had been de ducted.
The net salty revenue, after meeting administrative expenses, which was paid in to the group of banks during 1920 amounted to 79,004,103, which was decrease of $1,572,400 compared with 1919, but an increase of $7,498,583 compared with 1918. -
a
All obligations secured by the ealt revenue wero fully met, and the surplus funds released in 1920 to the Chinese Government amounted to $6,019,879 (including $6,036,494 received from the
Customs) Ot Maritime amount, however,some$24,000,000
this
1921
BANAS
ASIA BANKING CORPORATION,
(AN "AMERICAN BANK)
CAPITAL SURPLUS & UNDIVIDED PROFITS: HEAD OFFICE:
US $4,000,000. U.. $1,489,000.
BRANCH
NEW YORK, U.S.A
SAN FRANCISCO
HEAD OFFICE FOR THE ORIENT:
CANTON CHANGSHA? : HANKOW
SHANGHAL
BRANCHES:
-PEKING
MANILA
SINGAPORE TIENTSIN
All Descriptions of banking business transacted. Interest allowed on Current Accounts, Savings Accounts and Fixed": Deposits in Local Currency, U.8, Dollars, Sterling or Francs.
*merican Bankers Association and Guaranty Trust company of New York Travellers Cheques sold by us. Payable throughout the world.
D. M. BIGGAR,
the Department and the Chamber represent sums either retained THE BANK OF CHINA. in the development of foreign locally or appropriated by the trade.
would provincial authorities, or military He said he. investigate the foreign trade concisaders.
statistics, which somis authorities | declared did not accurately reflect the business' of 1920.
ARMOUR PACKING CO.'S PLANS,
The Armour Packing Company has called an election at all ite plants, at which the employees will elect representatives to form: an industrial democracy in which the employees and employers will have equal representation. It will settle all matters relating to working conditions, wages and hours. The Armour plants will elect a temporary board, which will work out permanent plane. Eventually they will have a party conference board of five members from each party and a general conference board ofthret members. selected by all the plants.
TIT Demand 30 de 60 dis
4 m/s.
T/T Shanghai T/T Singapore. T/T Japan T/T India.. Demand, India ...... / San Francisco) & New York.f C/T Java
(Specially authorized by Pre- sidential Mandate of the Republic
Manager
BANQUE INDUSTRIELLE
DE CHINE.. (FRENCH BANK)
Ruhmoribed Capital Paid-up Capital
Reserve Funds
P. 150.000.000 37. hen on P. 40,600,000 F. 8$5,000,000 The - Chingan Governmnat owns one-third at The Capital
of China on the 22nd of Novem-Drol ber. 1917.)
cathairman of the Board of Directora: Andre Berthell General Manager: A. J Parpotte
Authorized Capital..$60,000,000,00 Paid up Capital...... 12,279,800.00 Reserve Funds...... 7,796,023,00. HEAD OFFICE: PEKING. HONGKONG BRANCH: 20/21 on
Antwerp Balvin foteaux
Prochow
BRAD OFFICK
74, Hue Haint-LiKIE, PARIN
BRANCHES:
Nongket # London
IN FRANCY ·
fans
Marcille
Youkden
New York Pekin Prom Pena Saigon
BANKERK:
Shanghai MineApare Awator
Tiental
TripInfo Windivostoc à Yokohama Yusanalu.
· Societe General pont favorizer
le Developpement du Commeros et de d'industrie Pa France,
Starling. Silver
Humayun Kabilite et Proprietöre
1. Cáminton Bug.
Won My #7.11ndrash | W. T... Patronde, T- Anb, Mahertoni); $a Plamuur; Raw]
A. 5. ATEGĦEN, TONGAS Haṇages Imguang H, Barlow, Lis
LONDON BARRERAJ
LONDON BOUNTY, PATRIMETER -
· PARK'N TANK. LIMITEDJ
and, Fixed Deposite tegelved for natur D shorter periods in Isen' Carindey and BrainRA an fremi akiah wifi he quoted on appitsation.
Hongkong, 28th February, 1900
HONGKONG SAVINGS PANRU
THE Rule of the shove Bahn to wanted. by the HONGKONG AND SITANURAT, WAWKINS. CORPOBATION.
Rules may be obtained on appliantɔak INTEREST op daporiti le allowed 'on- vie Widimsim monthly balspace at 034 ver onl Pay the Hoogking and Sharabai Bankin), Corporation.
A. G. STEPHEN,
Chiet Manager.
THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.
incorporated by Royal Cherier 1868.
London Bankers The National
Provincial and Union Banks cosnos bando Polat City and Mind PAIDAP CAPITAL
EXCHANGE.
Owaing Rate: closing Rate on Page 11. SELLING
2424 9/454
2/5
Noin.
10214
8614
180
Connaught Road Central Bran-Bankerque ches and Sub-branches all over China and Correspondents in Japan, New York, San Francisco, Singapore and Manila.
Haiphong
T
1: NOW
47
of England. Lu.
133
Nam
of New York.
675
BUYING.
4 m/s. L/C
4 m/s. D/P
268 .2/694
6 m/s. L/C
217
2816
Loans
50
сп granted securities.
approved
Nom. 7,35 7.55
Special facilities · for
Exchange,
I/T Marks / Franca Demand, Paris
BUSINESS AT HARBIN.. Many foreign firms are reported to be preparing for the opening of branch houses in Manchuria. since the announcement of the resumption of communications with Transbaikalia. It is under- stood that the Russo-Asiatic 30 d/s. Sydney and:
Bank and the Chinese American
Bank of Commerce have already instructed their agents to open offices at Manchuris Station. Local commercial circles are jubilant over the prospect of the Chinese Eastern Railway reduc- ing its freight rates. Should the measure go into effect it will again to possible be ship grain to Europe by way of Vladivostook,
Melbourne 30d/s. San Francis-
co & New York
4 m/s. Marks..... 4 m/s. Francs 6 mfe. Francs. Damani, Germany. Demand, New York 4736 Nom TT Bombay
.180 Demand, Bombay...
Nom. T/T Calcutta MANILA MARKETS.
Demand, Calcutta... 180 Messrs. Warner, Barnes and
On Yokolama......... 9634
105 Co., Ltd. in their latest eirentar Demand, Manila... to band state :-The hemp market Demand, Singapore. 102 has ruled dull with few transac On Haiphong tons and prices have further On Saigon declined. Firmer news coming On Bangkok from the American sugar market, Sovereign due to the probability of a mini-Gold leaf per Tael... 31.40 mum price being fixed by the Bar Silver, ready... 333 Cuban Government, our planters!
forward
33 All the Meadow Grove pupils were standing in a raw waiting raised their ideas. The copra Bank of England rates 7% To start the game called. Balancing the Grape." They looked market is very dull and the New York/London... 3914 almost as anxious, when Nick went along the line placing a grape decline in prices continues curefully upon each one's nose, as if they were in school instead of Arrivals continue scarce and the at a picnic, and Mr. Scribble Scratch, the fairy man schoolmaster, provines-dealers report that pro giving them an examination in readarithspelimetic.
ADVENTURES OF THE TWINS.
COBBY COON FORGETS.
Nom.
8814 Nont. 9.10
The Guaranty Trust Company
New York Bankers: -- The Irving National Bank. Interest allowed on Current Ac- counts and Fixed Deposits. Terms on application, Every description of Banking
Business transacted.
Bank Limited.
IN SAN-FRANCISCO; Crocker Kaljun. Bank,
·Corteapon 1ents in the Chlef OcÖDEME PAS À MA Centres of the World.
Telegraphie Address: CHIBANKIND,
Interest un Current Acerupts and Fixed
Depilnica Carrenoy and in aid. Terme
unpplication.
Every description of Banking and Eschunge hurineia transseted.
Sprotal fantlitice Tor French exchange,
'M. MONTARGI9.
Maonger.
Hongkong, 20th January, 1921.
Home BANQUE DB. L'INDO-CHINE
(FRENCH BANK)
Interest on Fixed Deposits at the following rates:-
Head Ofiae ; 15 þín Rúa Lafitro, Parisi
RESERVE POND. RESERVE LIABILITY OF
PROPRIET HA
125, 1200, 10+ FOREIGN EXCHANGE mod Guaarel Bank, ing business transnoted.
CURRENT ACCOUNTA opened and FIXER DISPOSITO boted for 1 year or swasak pertad, ut gátan which will be quoted on my plication. ?
A. H. FERGUSON,
Acting Manager. Hongkong, 1st January, 1914
BANK OF CANTON LIMITED.
HEAD OFFICE, HONGKONG
FOREIGN EXCHANGE and Banking Businers:
Frapon 48,000,000.
60,000,000. General ".
For 3 months 3% per annum For 6 months 4% per annum For 12 months 5% per annum
TSUYEE PRI
Capital...
Reserver
BRANCHES AND AGENDIRA.
Bangkok Battambang Cauton
Hongkong
Halgon
Munig te
Shanghai
Nourien
Singapore
Manager. Uibouti
.PADECLO
Tiensuo
Haiphong
Hanoi
Peking
宝石川町
Photo-Peta
Pondichery
BANKERS.
THE BANK OF EAST ASIA, LIMITED.
HEAD OFFICE:
No, 2. Queen's Doal Central, HONGKONG. Established 1919.
DIRECTORS:
BAUNTY CAPITAL
SUBSIDIARY COINS. ·
1/2
par. p.m.
1/2% 15.1%
dis. Mr. Ko Chun.
ducers are not making much | H'kong 30 cts. pieces
prevailing. The coal market is
It wasn't easy to run a race with a grape on the end of one's fropre on account of the low prices nose, and it was necessary to keep the grape on it if one wished to win the prize.
Well, Nick went along the line, and pretty soon everybody har a grape. Bon Bunny, Jr., and Cutie Cottontail had a dreadful time, for their noses would wiggle, and their grupes rotted perilously near to the dropping off place.
But when Nick came to Cubby Coon, Cobby took his paw and
"Oh, gracious, I forgot!” cried Cobby putting up his paw. And the grape wouldn't come off at all!"
squeezed the grape down gently. There it'stuck as tight as a postage stamp on the bonoy he had slyly put there.
Finally everybody was ready and Nick raid, "Go!" In about one hop Teddy Toad lost his grape, in about two hops Freddie Frog lost his, then Ben Bunny, Jr's, went, and Cutie Cotton tail's next. Chippie Chipmunk, Scamper Squirrel and the Mink boy dropped theirs next. But Cobbie Coon ran right ahead, the grape on his nose never budging. He wasn't three feat away from the willow tree and everybody was calling out, Bravo! Cobb Coon wins!" when he saw Chuckie Chicken near a fence, and Coon Just couldn't restet chasing him, Pretty soon he came back puffing and blowing and forgetting all about the grape stuck on his nose.
"How come?" asked Mr. Scribble Scratch, peering over his glasses.
'Oh, gracious, I forgot" cried Cobby, putting up his paw. And, mind you, the grape wouldn't come off at all FON
Cobby sneaked home.
10 5
82.000.000.65)
Mr. Pam Wai Tiur. ChairusAD/ Mr. Chow Shan Kant,
dis. Mr. Fung Plor Shan.
Mr. P. H work,
PEAK TRAMWAYS CO., LTD.
TIME TABLE.
WEEK DAYS.
700 4.m. 8.19 & 10.
19.30 .NI-
"
9.10
0.30
16 12.30 p.m
12 p.m. t 2.50 0.
12.30 5.40
-
to 5.00 .na
to 2009
Keery 15 m
10 min
NIGHT CARS.
8.80 p.m.9.40 p.m. 2.20 pw
..
steady at last quotations. Partial Canton subcoins strikes have occurred in Australia, Hongkong Mar. 31, 1921. which makes that market very uncertain. The rice market, was quiet at unchanged prices during the first week of lust fortnight, but subsequently becamo excited on account of the adoption of a law by the Philippine Legislature, authorizing the Governor-General to suspend the importation of rice into the islands, prices advancing P2.00 to P3.00 per cavan. Owing o the increase in price the de- nand has fallen off considerably, Up to the present, the executive has not given effect to the pro- visions of the Jaw above mentioned. The price of rice in Saigon continues upchanged, although the market there is weaker and exporters would pro- bably accept lower prices. Some 81,000 sacks of Saigon rice are expected to arrive during the next fortnight. The price of wheat in America is advancing and market. is.consequently strong.
15 min
15 min
30 min
15 min
חומט 10
8.30pm. 111.80 p-in. evry 30 minutes 11.45 p.
SATURDAYS. EXTRA CAR 12.00 midnighs. SUNDAYS.
710 a.. 15.50a.m. 10. 10.30 .10 10.30 .. 10 11.00 .m. 13.30. 10 12.08 heon) 12.40 ton to 1.00 p.. (.00 p. 20,5 30 m. 5.30 p.m. to 6,00 p.m 6.00 pm to 6.30 pan. 6.30 p.m. to 8.10 p.m.
AT THE TRINGS.
Every I mig 10 min
NIGHT CARS.
A Week Days.
SPECIAL CARS.
10 mio.
25 min.
10 mla
10 pain.
BARANORME COMPANY'S OFFICE, ILEXANDRA 80202 VELUX NO
YOU CANNOT AFFORD TO BE WITHOUT THEM
JUST received a large Consignment of (1) LACTOGEN the most digestive food for Infants which keeps good in quality during Hot Weather; (2) LACTOSE (Milk Sugar) for sweetening the foods of Infants and Dyspeptics; (3) MILFORD-MCGRATH FLUID INSECTICIDE the Best Fluid for destroying Fleas, Mosquitoes, Bugs, Flies and all other Insect Pests in Summer days; and (4) JOHN CAHILL'S GOLDEN FLEECE, MAGIO and CINDERELLA SOAPS for keeping everything clean in Houses,
PRICES are Very Moderate Inspection and Enquiries are cordially invited:
SHIU TUNG
Solo Agita for Flong.
"*7. And 48 Comisnight Hood Central, HongKong!
Mr. Ng Chang Lak.
Mr. Kan Ying Pe, Mr. Mok Ching Reng,
Mr. Wenk Yun Tong, Str. Cher China Shek,
Mr. Kan Chin Nam.
Chief Manager. Mr. Ran Tong P Assi. Manager, Mr. Là Tre Fong-
BRANCHES & AGENCIES:-
LONDON
SHANGHAI КОВЕ NAGASAKI SINGAPORE TIENTSIN MANILA SAMARANG
NEW YORK
SAN FRANCISCO
YOKOHAMA
SAIGON
PEHANG
HANKOW
BATAVIA
SOURABAYA
Londen flankera:~The London Joint City and Midland Bank, Ltd.
Every description of Baking and Exchengt business Leanaacted. Loans granted on approved securities.
interest allowed on Cereal Deposit Account at the rate of Two per cent. per annum on day- juga Account Four per cent. per annum, and un Fixed Peposits at this following rates:-
For 3 months at the rate of 3% per anDUR For all at the rate of 4% versu For 12 months at the rate of 5% per annum
KAN TONG PO,
Chief Hanager:
Bougkong, October la 1920.
THE INDUSTRIAL AND COMMERCIAL BANK, LIMITED.
Vindivostock
IN FRANCE: Comptoir National d'Exempte de Paris Credit Lyzomasia¦ Banque Cradic
de Paris et den Pays-Bas Industriel el Commoroin! Boloete . Generale.
IN LONDON: The National Provincia and
Union Bank of England Ltd., Com-
ptoir National d'Escompte de Paris; Fredit Lyon sis
Transacted.
INTEREST ON FIXED DEPOSITS.
For 3 Months 3% per annum. For 6 Months 4% per annue. For 12 Months 4% per annum.
LOOK
POON SHAN,
Chief Manager.
IN NEW YOLE J. P. Morgia Vo THE YOKORAMA SPECIE BÄNK LI,
Interent allowed on Current Aconunta mod Fixed Deponita acoording to serangement.
Every description of banking and exchange bjoinen traumoted.
V MARSOT,
Acting Manager.
Hongkong, Dotobar 21er, 1818.
THE MERCANTILE BANK OF
INDIA, LIMITED,
Bro One 10. Osacrobuzab
Strens, London, . .
Authorized Capital Bubsoribed Ospital Paid Up Capial Baserve Fund
BANKERS.
The Book of England.
ESTABLIBDED) 1987,
Capital (fully paid up)...... Reverys Fand
HEAD OFFICH, SOKOBANA. Branches and Aganaten ma
Kai Tuen
Kobe,
FARICOS Boerabaye
Bombay
Воелой Дум
London.
Belgen
[Cadoulte
Dynas
Chargötun Daired (Del
Los Angeles-
Bea610.
Shanghai
·Manila"
Fengtien Walden Nugusski
Bankow
Hoanlatu
25,000,000. Tokra
1,800,000
·Harbla
1,050,000
1,050,000
The Loudon Jelas City à Rídlend Back.,Ltd. BRASCHEB-
Blumber
Calcutta
Columbo
Defi
Galle
Hongkong
Howra
Koudy
Karachi Kota Bhags Kale Lumpur:
New York
Promný
·Skangha-
Port Loule (keüriting). Stoga poza
HONGKONG BRANQUA
Newchwepy-Bhà mon senter.
New York
Paying
Bydnay
(Trakai)
"Interest,allowed on Ourrent AsdqUNIKA
Deposits received for ad párlóð að vaös be obtained on application..
DA HASKIDZO MW.
· Hongkong, 1 iky Heron: 190E
INTERNATION
ZAPITAT
Every descripson St. Banking Had Exchange (Dan -busineùs tražimoted.
'interone allowed; an’Current Accounts at 2 per best per konum 'yo. Dətly Balanças,fand zou Vized, Deporita atentes which may þá stonergi and ob application.
IN, O., WILBORES
Actiog yan?? | CUINA, 1,Queen a Honi Fastest
Head Office: 6, Des Voeux Road, Central | Mongond, 9th December; 1819%
Hankow Branch Russian Concession.
DOMESTIC & FOREIGN BANKING. THE CHINA SPECIE BANK LTD
DE SERVICE PROMPT.
Current, Savings, and Fixed Deposits bear Interest at Rates 2% 4% 5% respectively,
J. USING-LY. Hongkong, 7th July, 1919.
THE CHINESE. MERCHANTS BANK LTD,,
HEAD OFFICE -
Bt. George's Building Hongkon
Chairman of Board of Director
Mr. Wang Shu Chief Manager Fimr, Asst Manager, Mr. K. T.Vo Hongkon Manager
CORPOR
Wo be cunilinized to-morrow.)